It was only a matter of time, before the banks share prices would fall lower, due to all the other circumstances and happenings at the moment.
Supposedly the banks have met with Alastair Darling to discuss some sort of rescue plan.. what does this mean again? He is going to bail them out with the tax payers(our) money? Is this right?
Royal bank of Scotland fell 32%, Barclays and Lloyds TSB together down 9% and HBOS fell another 14%.
All of the banks are not disclosing the fact that they require even more money from the Government. All of the governments are attending the Summit in Luxembourg to discuss this financial crisis and to discuss whether or not they should be giving them banks money.
They most obviously will bail them out, like they have done before, and will most likely do time and time again, it is amazing how the government rob you off any penny you may have but do this like no question?
What are your opinions on this?